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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (14187)3/9/1998 1:56:00 PM
From: Czechsinthemail  Read Replies (2) | Respond to of 95453
 
Interesting pattern in the oil futures today. Crude prices are down big, but products seemed pretty flat and natural gas actually up a bit. We may be seeing trades related to crack/reverse crack spreads. My thought is that it would appear to be increasing the money refiners are making at the expense of producers. Perhaps someone closer to it could comment.
Baird